Here is what I’ve been using for several years....
The stem bands and outer stems, I use Dolfinite or other traditional bedding compound. I use the mahogany color bedding because I think it blends in better with the wood or brass than the light colored natural colored bedding compound.
Mahogany bedding is not available at Jamestown Distributors any longer, or at Sandusky Paints. I recently found it at Fisheries Supply.
For the keel, which can be a major source of leakage problems, I use SikaFlex 201. It is an adhesive/sealer that will never fail. Yes, if you need to remove the keel it can be tough. A sharpened putty knife will do the job, and a heat gun will help to clean the keel after removal.